The act that prohibits mergers between firms that reduce competition within an industry is the:
a) Robinson-Patman Act.
b) Celler-Kefauver Act.
c) Federal Trade Commission Act.
d) Clayton Act.
e) Sherman Antitrust Act.
Answer: b) Celler-Kefauver Act.
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Eastern Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages as follows: year 1 = 20.00%; year 2 = 32.00%; year 3 = 19.20%; year 4 = 11.52%
The firm has a tax rate of 40%. If the machine is sold at the end of two years for $50,000, what is the cash flow from disposal? A) $50,000 B) $43,440 C) $39,875 D) $33,600
The results of process interventions have been well documented largely because of the relative ease of measuring results associated with this type of intervention
Indicate whether the statement is true or false